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West Midlands
Thursday 23 July 2020

Latest News

Top Story

Lotus reveals advanced tech centre plans

Iconic car maker Lotus has announced plans for an advanced technology centre, which will also be home to a new headquarters for the company’s engineering consultancy, in Warwickshire.
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Insider Feature
Feature 1

Business Matters: Redundancy and Covid-19 - five pitfalls to avoid

Lucy Twomey, HR and legal adviser at Make UK, says as businesses consider how to survive the economic impact of Covid-19, the stark reality is that, for many, redundancies are now unavoidable. Managing a redundancy procedure can be challenging in normal circumstances but Covid-19 has added new complexity.
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Deals

Acquisition of ReAssure Group completes

The acquisition of Telford-based closed book life insurance consolidator ReAssure which valued the company at £3.25bn has been completed.
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Significant Aston Martin shareholder reduces stake

A significant shareholder in luxury car maker Aston Martin has reduced its stake.
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Pair of lenders accredited to coronavirus business loan schemes

A pair of lenders have been accredited to the British Business Bank's coronavirus business loan schemes.
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Investment firm ups stake in building products maker

An investment firm has upped its stake in Solihull-headquartered building products maker Epwin Group.
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Sales rise eyed following five-figure boost

A Telford workwear company has set its sights on £2m in sales by 2023 after securing a £25,000 investment.
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Coffee shop businesses get Covid-19 support

A pair of Walsall coffee shop businesses have both secured funding from HSBC UK to support them during the Covid-19 pandemic.
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Insider Feature
Feature 2

Business Matters: How will your SME accelerate its recovery and growth after lockdown?

Andy Moss from The FSE Group says as we slowly and cautiously ease out of lockdown and start to adjust to the "new normal", and what that looks like, The FSE Group is keen to ensure that Midlands based SMEs are aware of the funding options available to them, in order to support them during these uncertain times and to assist them in accelerating their growth post lockdown.
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Business

Results jump for mobile gaming company

Turnover and pre-tax profits at a mobile bingo, slots and casino games company headquartered in Halesowen jumped during its latest financial year.
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Company “well placed” despite “challenging” 2019

The company behind a retail services provider has said it is "well placed to continue to meet its strategic objectives" despite a challenging 2019.
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KPMG to cut just under 200 jobs

KPMG has confirmed plans to cut just under 200 jobs from its UK workforce.
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New global CEO for Bibby Financial Services

Bibby Financial Services has appointed a new global chief executive.
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Revenues near £500m at Pinsent Masons

Revenues have neared the £500m mark at Pinsent Masons.
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Property

Go-ahead tipped for almost 1,000 new flats

A development which would include 30-storey building and almost 1,000 apartments could be constructed in Birmingham after the plans were recommended for approval.
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Plans drawn up for almost 700 new apartments

Plans are being drawn up for almost 700 new apartments in the Digbeth area of Birmingham.
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Second vote set for landmark homes scheme

Councillors have been asked to approve plans to build more than 1,000 homes and two landmark towers in Birmingham for a second time.
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Demolition work for £330m scheme starts

Work to demolish two multi-storey offices in Birmingham to make way for new apartments as part of a £330m scheme has got underway.
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Backing set for 100-apartment development

An eight-storey building containing almost 100 apartments could be built on the site of a former restaurant in Birmingham after the plans were tipped to be given the go-ahead.
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Green light for more than 40 homes

More than 40 homes are set to be constructed on brownfield site that has stood empty for more than a decade.
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Application in for scheme’s second phase

An application has been submitted for the second phase of a new council homes scheme to be built as part of a major transformation of the Heath Town estate in Wolverhampton.
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Manufacturing

Contactless tech developed by JLR and University of Cambridge

Jaguar Land Rover and the University of Cambridge have developed new contactless touchscreen technology designed to help keep drivers’ eyes on the road and reduce the spread of bacteria and viruses in a post Covid-19 world.
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“Even stronger” cost reduction plans to impact jobs

Melrose Industries, the Birmingham-headquartered company which owns the likes of GKN Aerospace, has outlined an "even stronger focus on cost reduction" throughout the group which will lead to an "inevitable impact on employee numbers".
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Evershot and Alstom to invest in hydrogen train industry

Eversholt Rail and Alstom have outlined proposals to fast-track the hydrogen train industry with a £1m investment in creating a 600 series class.
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Other News

Midlands Top 500 Companies Database - contact the region’s top decision makers

Member Exclusive News

Queen’s Award winner handed City of Culture website contract

A website for Coventry City of Culture 2021 is being created by a local Queen's Award-winning business.
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Coventry Rugby extend kit deal

Coventry Rugby have announced an extension of their kit partnership agreement with HIA International.
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